Lundin GOLD to Present at Town Hall Meeting ON
NEWS RELEASE
Vancouver, June 9, 2023
Lundin Gold Inc. 885 West Georgia Street, Suite 2000 Phone: +1 604 689 7842 lundingold.com
Vancouver, BC, V6C 3E8 Fax: +1 604 689 4250 Email: [email protected]
LUNDIN GOLD TO PRESENT AT TOWN HALL MEETING ON JUNE 12, 2023
Lundin Gold Inc. (TSX: LUG ; Nasdaq Stockholm: LUG ; OTCQX:LUGDF) ("Lundin Gold" or the "Company") is
pleased to announce that Ron Hochstein, President and CEO, will be presenting at a Town Hall meeting at
Westmanska Palatset (Holländargatan 17 in Stockholm, Sweden - room “Adlersparre”) on Monday, June 12, 2023
at 18:00 CET.
To attend the event please RSVP to [email protected].
Lundin Gold announced its first quarter of 202 3 results on May 10, 2023, with key highlights including record
quarterly production of 140,021 ounces (“oz”) of gold and all-in sustaining cost ("AISC")1 of $728 per oz sold. This
robust performance at the start of the year puts the Company in a strong position to meet its production guidance
of 425,000 to 475,000 oz and AISC1 guidance of $820 to $870 per oz sold. During his presentation, Mr. Hochstein
will review the Q1 2023 results, discuss the Company’s exciting exploration programs that are now well underway
and generating exciting results, and talk about Lundin Gold’s recently announced target to be net carbon neutral
by 2030.
About Lundin Gold
Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador.
Fruta del Norte is among the highest-grade operating gold mines in the world.
The Company's board and management team have extensive expertise in mine operations and are dedicated to
operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with
international best practices. Lundin Gold is committed to delivering value to its shareholders, while
simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe
workplace and minimizing the environmental impact. The Company believes that the value created through the
development of Fruta del Norte will benefit its shareholders, the Government and the citizens of Ecuador.
Additional Information
This information was publicly communicated on June 9, 2023 at 11:30 a.m. Pacific Time through the contact
persons set out below.
For more information, please contact
Ron F. Hochstein Finlay Heppenstall
President and CEO Director, Investor Relations and Corporate Development
Tel (Ecuador): +593 2-299-6400 Tel: +1 604-806-3089
Tel (Canada): +1 604-806-3589 [email protected]
1 Certain additional disclosures for these specified financial measures have been incorporated by reference and can be found on page 13
of the Company's MD&A for the three months ended March 31, 2023 available on SEDAR.
2
Caution Regarding Forward-Looking Information and Statements
Certain of the information and statements in this press release are considered "forward -looking information" or "forward -looking
statements" as those terms are defined under Canadian securities laws (collectively referred to as "forward -looking statements").
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, ob jectives,
assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates",
"expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or var iations of
such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should" "might ", "will
be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward -looking statements. By their
nature, forward-looking statements and information involve assumptions, inherent risks and uncertainties, many of which are difficult
to predict, and are usually beyond the control of management, that could cause actual results to be mat erially different from those
expressed by these forward-looking statements and information. Lundin Gold believes that the expectations reflected in this forward-
looking information are reasonable, but no assurance can be given that these expectations will prove to be correct. Forward-looking
information should not be unduly relied upon. This information speaks only as of the date of this press release, and the Company will
not necessarily update this information, unless required to do so by securities laws.
This press release contains forward-looking information in a number of places, such as in statements relating to the Company’s 2023
outlook and guidance, its emissions reduction target and exploration activities and results . There can be no assurance that such
statements will prove to be accurate, as Lundin Gold's actual results and future events could differ materially from those anticipated
in this forward -looking information as a result of the factors discussed in the "Risk Factors" section in Lundin Go ld's Annual
Information Form dated March 31, 2023, which is available at www.lundingold.com or on SEDAR.
Lundin Gold's actual results could differ materially from those anticipated. Factors that could cause actual results to differ materially
from any forward-looking statement or that could have a material impact on the Company or the trading price of its shares
include: risks related to political and economic instability in Ecuador; risks associated with the Company's community relationships;
risks related to estimates of production, cash flows and costs; risks inherent to mining operations; shortages of critical su pplies; the
cost of non-compliance and compliance costs; control of the Company's largest shareholders; volatility in the price of gold; failure of
the Company to maintain its obligations under its debt facilities; risks related to Lundin Gold’s compliance with environment al laws
and liability for environmental contamination; the lack of availability of infrastructure; the Company's reliance on one mine; security
risks to the Company, its assets and its personnel; risks related to illegal mining; exploration and development risks; the impacts of a
pandemic virus outbreak; risks related to the Company’s ability to obtain, maintain or renew regulatory approvals, permits and
licenses; uncertainty with and changes to the tax regime in Ecuador; the reliance of the Company on its information systems and the
risk of cyber-attacks on those systems; the imprecision of Mineral Reserve and Resource estimates; deficient or vulnerable title to
concessions, easements and surface rights; inherent safety hazards and risk to the health and safety of the Company’s employe es
and contractors; risks related to the Company’s workforce and its labour relations; key talent recruitment and retention of k ey
personnel; volatility in the market price of the Company’s shares; measures to protect endangered species and critical habitats; social
media and reputation; the adequacy of the Company’s insurance; risks relating to the declaration of dividends; uncertainty as to
reclamation and decommissioning; the ability of Lundin Gold to ensure compliance with anti -bribery and anti-corruption laws; the
uncertainty regarding risks posed by climate change; limits of disclosure and internal controls; the potential for litigation ; and risks
due to conflicts of interest.